xDirect announces price adjustments on selected instruments
The xDirect brokerage company has announced that after the end of today's trading session for the FRA40, LSGASOIL, NED25, and SPA35 instruments, the delivery period for the instrument's underlying asset (futures) will expire.
The prices of these instruments will be adjusted using special swap point rates:
FRA40: -43.0 p.
LSGASOIL: 2.25 USD
NED25: 2.45 p.
SPA35: 20 p.
This means that if nothing unexpected happens between the close of trading on May 16 and the opening of trading on May 17, the opening price of the instruments will be changed by the corresponding value of swap points at the closing price at the end of today's trading session. The exact value of the special rates of swap points will be known at the close of trading in these instruments.
The broker recommends that clients who have pending orders set close to the current price take this information into account and make changes to pending order levels in order to avoid unforeseen situations.
In addition, xDirect encourages all traders to be vigilant and react to changes in a timely manner in order to manage their investments optimally.
Broker xDirect is an international company, part of the HTB Group, that provides brokerage services in accordance with European standards to clients around the world.